What will the $100 Million Investment from Five Below Mean for Hoosiers?

Five Below is planning to soon invest $100 million toward a new distribution center in Right to Work Shelby County, Indiana. Being a discount retail company, this new location will give people better access to discount prices. However, that’s not the only great thing about this. The investment will also help create new jobs. In fact, the company plans to create over 470 new jobs all in all. So this is great news!

From Area Development Magazine:

“Five Below strives to offer the best products, at an unbeatable value, to more customers every single day. […] This can be achieved with continued distribution expansion. Ship Center Indiana is going to be an incredible facility filled with state-of-the-art technology, and great for boosting the local economy by creating jobs. Our new Ship Crew will help us continue to deliver the best retail experience out there! We’re so proud of this company milestone.†[…]

“Indiana’s business-friendly environment and skilled workforce continue to bring dynamic companies like Five Below to the Hoosier state. […] Today’s announcement is exciting for Indiana, and we’ll continue fostering an ecosystem where businesses can thrive and grow for years to come.†[…]

“On behalf of the Shelby County Commissioners and Shelby County Council, we are excited to welcome Five Below to our community and the I-74 corridor. […] Shelby County is a great place for business, and we look forward to beginning a new working partnership with Five Below that will continue to grow for many years to come.â€AREA DEVELOPMENT MAGAZINE

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